NSW, Australia
The Canbelego copper deposit lies within the Cobar Basin of central New South Wales, approximately 45 km south-east of the town of Cobar. The project is a joint venture between Helix Resources (70%) and Aeris Resources (30%), with Helix acting as operator.
Canbelego hosts a JORC (2012) Mineral Resource of 1.5 Mt @ 2.1% Cu for 31.8 kt of contained copper. Drilling has confirmed that mineralisation remains open both at depth and along strike, with wide zones of high-grade copper intersected beneath the existing resource envelope. The deposit lies within trucking distance of established processing infrastructure in the region, providing optionality for future development.
Current work programs focus on defining extensions to the known mineralisation and evaluating regional copper targets within the joint-venture area. Recent geophysics has refined additional chargeability targets along the Western Lodes.
